Long Douglas M 4
4 · RAYONIER INC · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Rayonier (RYN) EVP & CRO Douglas Long Receives Award
What Happened Douglas M. Long, Executive Vice President & Chief Revenue Officer of Rayonier Inc. (RYN), was awarded 46,896 shares (reported as an acquisition at $0.00) on January 30, 2026. The award reflects performance share units (PSUs) that were deemed achieved as a result of Rayonier’s merger with Potlatchdeltic; the PSUs were converted to time‑based awards and will vest on their original schedule.
Key Details
- Transaction date: 2026-01-30; Form 4 filed 2026-02-03 (filed within the 2-business-day reporting window).
- Transaction type/code: Award/Grant (Code A).
- Shares awarded: 46,896; reported acquisition price: $0.00.
- Shares/PSUs after transaction: 46,896 PSUs in total, broken down as: 12,821 vesting April 1, 2026; 15,784 vesting April 1, 2027; 18,291 vesting April 1, 2028.
- Footnote: Per the Merger Agreement (Oct 13, 2025), the Potlatch–Rayonier merger triggered a change of control that caused outstanding PSUs to be deemed achieved (based on greater of target or actual performance) and converted to time‑based vesting.
- No cash was paid for these shares; the Form 4 reports $0 because this is an award, not an open‑market purchase.
Context These were PSU awards converted to time‑based grants due to a change of control in the merger; they are not market purchases or sales and therefore do not by themselves indicate insider buying/selling sentiment. The awards will vest on the listed future dates—any subsequent sale or transfer would be reported separately on Form 4.
Insider Transaction Report
- Award
Common Shares
[F1][F2]2026-01-30+46,896→ 173,658 total
- 17,487.89(indirect: By Trust)
Common Shares
Footnotes (2)
- [F1]In connection with the terms of the Agreement and Plan of Merger, dated October 13, 2025, by and among Rayonier Inc. ("Registrant"), Potlatchdeltic Corporation ("Potlatch"), and Redwood Merger Sub, LLC, a direct, wholly owned subsidiary of Registrant ("Merger Sub"), Potlatch merged with and into Merger Sub, with Merger Sub surviving as a direct, wholly owned subsidiary of the Registrant (the "Effective Time" and such transaction, the "Merger"). As a result of the Merger, at the Effective Time, a change of control was deemed to occur for each outstanding performance share unit ("PSU") award issued by the Registrant, resulting in each PSU award being deemed achieved based on the greater of target and actual performance. As a result, at the Effective Time, each PSU award was only subject to a time-based vesting condition based on the original vesting date of the PSU prior to the Effective Time.
- [F2]The Reporting Person held 12,821 PSUs, 15,784 PSUs and 18,291 PSUs that will vest on April 1, 2026, April 1, 2027 and April 1, 2028, respectively.